The White House announced on Aug. 24 that President Joe Biden will take action this year to cancel thousands of dollars in federal student loan debt for millions of Americans, fulfilling a campaign promise he made during the 2020 election cycle. We answer some of the questions readers may have about the debt relief plan, and address political claims about the impact of the plan.
For the month of July, the Consumer Price Index for All Urban Customers was unchanged from June. This has triggered a war of words between Democrats, who crow about “zero percent inflation” for July, and Republicans, who say the Democrats are now trying to “deny there’s inflation.” Both have a point.
The most recent statistical measures of how the U.S. has changed since the president took office.
Economists cite several reasons for high inflation in the United States, starting with the unprecedented circumstances created by the COVID-19 pandemic. But TV ads in midterm races across the country blame one culprit: stimulus spending by President Joe Biden’s administration.
In a speech on inflation and the economy, President Joe Biden made some misleading claims and used political spin to criticize Republicans and promote his policies.
The most recent statistical measures of how the U.S. has changed since the president took office.
In a prime-time town hall aired on CNN, President Joe Biden overstated some facts and misled on others.
A raging virus, a struggling economy and a fast-growing mountain of debt.
Statistical measures of how things have changed during Trump’s time in office.
Statistical measures of how things have changed during Trump’s first three years.